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Forbes' most valuable banks in MENA in 2024, by market value (in billion U.S. dollars)

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Source

Release date

February 2024

Region

MENA

Survey time period

2024

Supplementary notes

Data is gathered from banks in the Middle East that are listed on stock exchanges across the Arab world, and ranked according to their market value as of February 23, 2024.

Subsidiaries of other publicly listed companies were not included. 

Currency exchange rates were based on the values from February 23, 2024.

Citation formats

Forbes' top-performing banks in MENA 2024, by market value

Published by K. Scholle, Dec 4, 2024

In February 2024, alrajhi bank led the list of the most valuable banks in MENA, with **** billion U.S. dollars in market value. Saudi National Bank and First Abu Dhabi Bank followed with market values of **** billion U.S. dollars and **** billion U.S. dollars, respectively. Saudi Arabia accounted for **** of the list, with *** banks totaling a market value of billion U.S. dollars. The U.A.E. ranked second with banks valued at billion U.S. dollars, followed by Qatar with *** banks worth **** billion U.S. dollars.  

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